Controlling Board approves first Salt Fork royalty allocation amid questions about predictability and seismic safety
The State Controlling Board approved the first royalty payment allocation to Salt Fork State Park, while lawmakers pressed the Department of Natural Resources on how reliably future royalties can be predicted and whether seismic monitoring tied to fracking will be reported to the board.
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The State Controlling Board on Feb. 2 approved a request from the Department of Natural Resources to allocate 30% of the first royalty payment from a Salt Fork lease to improvements at Salt Fork State Park.
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